Infinium Global Research Aircraft Maintenance, Repair and Overhaul Market | Page 9

Aircraft Maintenance, Repair and Overhaul: Global Industry Analysis, Trends, Market Size
and Forecasts up to 2024
opportunity for the players in the aircraft maintenance repair and overhaul market.The
report provides profiles of the companies in the global aircraft maintenance, repair and
overhaul market such asAAR Corporation, Turkish Technik AG, Sabena Technics, Aviation
Technical Servics, Delta TechOps (Delta CorporationLtd), Singapore Technologies Aerospace
Ltd, Air France Industries, Aeroman, United Technologies Corporation and Mexicana MRO
services.
Global Aircraft Maintenance, Repair and Overhaul Market Projection
GLOBAL AIRCRAFT MAINTENANCE, REPAIR AND OVERHAUL MARKET, 2016 – 2024 (USD
MILLION)
2016
2017
2018
2019
2020
2021
2022
2023
2024
Value
Aircraft maintenance, repair and overhaulmarket is expected to experience rapid growth
globally. The aircraft retirements have also been decreased due to increasing age of
aircrafts. The main reason behind doing this is due to the current aircrafts being
continuously upgraded to include latest technologies through MRO services before being
retired for scrap and fighter planes. However, the market size in terms of value is expected
to grow due to the use of aircraft maintenance, repair and overhaul.
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